ARREST THE FEDERAL RESERVE BANKERS...

You leap without thinking; if America ever woke up to the day that arresting Bernanke and the other FR bankers was a reality, it would be a very different America...The credit markets and political processes would have already made many necessary adjustments/adaptations, and they would not "freeze up" as you falsely contend....the markets would find a way to recapitalize and operate without major disruptions......besides, what did Wall Street do before Nixon took the final step to get us off the gold standard and handed the power of our currency to these unelected men and women?

Has America gotten more prosperous since then?

Has the divide between the classes gotten wider since then?

Has the under class gotten larger since then ?

Has the American dream diminished since then ?

Debt is re-negotiated EVERY DAY-ALL DAY LONG = holding on to the notion that our debt is sacrosanct and cannot be re-negotiated with creditors is a myth floated by big banks and big government........American taxpayers, especially the middle class, are being fucked by government and business who have a corrupt interest in more debt! Originally Posted by Whirlaway

Why renegotiate the debt when we can just give them Federal Reserve notes and call it square? We are the ones benefiting from it as taxpayers. The rest of the world wishes it owned the Fed. Greece wouldn't be in trouble if it controlled the world's greatest currency!!!

The FED is just another example of the government creating something that is almost impossible to do away with.

The FED is just another example of the government creating something that is almost impossible to do away with. Originally Posted by The2Dogs

and the founding fathers created something that's impossible to do away with, .... the government.

and the founding fathers created something that's impossible to do away with, .... the government. Originally Posted by CJ7

You leap without thinking; if America ever woke up to the day that arresting Bernanke and the other FR bankers was a reality, it would be a very different America...The credit markets and political processes would have already made many necessary adjustments/adaptations, and they would not "freeze up" as you falsely contend....the markets would find a way to recapitalize and operate without major disruptions......besides, what did Wall Street do before Nixon took the final step to get us off the gold standard and handed the power of our currency to these unelected men and women?

Has America gotten more prosperous since then?

Has the divide between the classes gotten wider since then?

Has the under class gotten larger since then ?

Has the American dream diminished since then ?

Debt is re-negotiated EVERY DAY-ALL DAY LONG = holding on to the notion that our debt is sacrosanct and cannot be re-negotiated with creditors is a myth floated by big banks and big government........American taxpayers, especially the middle class, are being fucked by government and business who have a corrupt interest in more debt! Originally Posted by Whirlaway

You are seriously delusional. Tell me what "adjustments/adaptations" will ensure the credit markets don't freeze up. You have no clue... Nixon shutting the gold convertibility window in 1971 merely kept our gold reserves from being drained by foreign central banks - did you want that to happen? If you knew anything about economics, you would also know that since 1971 US GNP has more than TRIPLED in real, inflation-adjusted terms... Sure, a private citizen or company can re-negotiate debt (or file for bankruptcy) but if you think that is analagous in any way, shape or form to letting the US government cancel its obligations then you are dumber than a doorknob... Nobody forces the middle class to borrow money (which can be used to start a business, buy a home or car, pay for college, etc.) so how are they being "fucked" by it? Private citizens are free to borrow or not borrow. They will really know what "fucked" means after you shut down the banks and nobody can borrow a dime anymore.

You are seriously delusional. Tell me what "adjustments/adaptations" will ensure the credit markets don't freeze up. You have no clue... Nixon shutting the gold convertibility window in 1971 merely kept our gold reserves from being drained by foreign central banks - did you want that to happen? If you knew anything about economics, you would also know that since 1971 US GNP has more than TRIPLED in real, inflation-adjusted terms... Sure, a private citizen or company can re-negotiate debt (or file for bankruptcy) but if you think that is analagous in any way, shape or form to letting the US government cancel its obligations then you are dumber than a doorknob... Nobody forces the middle class to borrow money (which can be used to start a business, buy a home or car, pay for college, etc.) so how are they being "fucked" by it? Private citizens are free to borrow or not borrow. They will really know what "fucked" means after you shut down the banks and nobody can borrow a dime anymore. Originally Posted by lustylad

Are you saying "pyramid schemes" are perpetual?

Are you saying "pyramid schemes" are perpetual? Originally Posted by IIFFOFRDB

What he is saying is that you benefit from this one....if or when it is shut down, you will wish to God it was still working.

What kind of economy do you think we would have if you had to put down 90% or more to buy a house or car.

Are you saying "pyramid schemes" are perpetual? Originally Posted by IIFFOFRDB

I don't understand your question. Is it about the sustainability of rising debt? Can you be more specific?

I believe we benefit immensely from the Federal Reserve, though I do wish they were more transparent. I think all their contracts and purchase orders should be available online. Originally Posted by Bert Jones

The most interesting word in this post:

'we'.

Yeah...that makes sense you fucking looneytune idiot asshole.....let's arrest the folks at the Fed.

Could any statement by you be more illustrative of your intent to destroy this county other than this one?

You have lost your fucking mind. Originally Posted by timpage

Great point...they should just be killed.

Why renegotiate the debt when we can just give them Federal Reserve notes and call it square? We are the ones benefiting from it as taxpayers. The rest of the world wishes it owned the Fed. Greece wouldn't be in trouble if it controlled the world's greatest currency!!! Originally Posted by Bert Jones

I'm seeing who we is, the benefactors of dirty play.

What kind of economy do you think we would have if you had to put down 90% or more to buy a house or car. Originally Posted by WTF

That sounds awesome. Actually having to pay for things. The benefit would be you actually get to pay for things. Instead of paying however many interest-heavy bills to some non-productive extortionist banker in perpetuity.

Four posts in a row, you should cap yourself Johnny...

I'm seeing who we is, the benefactors of dirty play. Originally Posted by JohnnyCap

Well, that would be the taxpayers of the United States. We buy things from other countries, we pay them with money we print. They would love to do the same thing, but they cannot. We create money out of thin air and use it to grease our economy. Other countries realize this and knowingly take our currency. I could see why they would want to stop it, but not why we would.

GNP triples and America's working/middle class get a smaller piece of the pie; the central bankers, washington political class, and corporate elites have the system fixed............

America is being ripped off..............and the working middle class will get stuck with the bill when shit hits the fan !

Wow....look at this...and what happened in the 1970s?

In the 1970s Nixon handed over the last set of keys to the unelected Federal Reserve...







http://www.cbpp.org/cms/?fa=view&id=3629

In the meantime; Americans will get tossed a bone or two (Obamacare, Obama phones, etc) and our wealth continues to be siphoned from us.